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An agent of record (AOR) is an individual or legal entity with a duly executed contractual agreement with an insurance policy owner in line with the prevailing legal norms and regulations of the region in which the contract was entered. The agent of record has a legal right to receive commissions from the respective insurance policy.
The Association for Cooperative Operations Research and Development (ACORD) is a non-profit organization in the insurance industry. [1] ACORD publishes and maintains an archive of standardized forms. ACORD has also developed a comprehensive library of electronic data standards with more than 1200 standardized transaction types to support ...
The attorney of record is the attorney who formally appears before the court, whether in person or by means of signed documents, on behalf of a party. [1] However, the status is also an enforcement mechanism for a jurisdiction's applicable standards of legal ethics and professional responsibility (for example, the American Bar Association Model ...
On Aug. 17, the rules governing real estate agent commissions are changing. Some experts say the shift should eventually reduce costs for consumers.
Agent of record, an insurance term; Architect of Record, the architecture firm that prepares the construction documents for a new building project; Agency of record, an advertising term; Aor, a pen name of R. A. Schwaller de Lubicz (1887–1961) A US Navy hull classification symbol: Fleet replenishment oiler (AOR)
Politicians push back with desire for state management. In recent years, government officials in Montana, Idaho and Wyoming have petitioned the U.S. Fish and Wildlife Service, seeking to reclaim ...
The NFL playoff picture will soon be locked in, but teams still have an opening to make a statement. Here are our bold predictions for Week 17.
An agency of record (AOR) in advertising and marketing is an agency that is authorized to purchase advertising time (for radio or television advertising) or space (for print or online advertising) on behalf of the company with which they have an agency contract.